Financial Times241d agoneutral
CEO of Roomba maker iRobot says previous management was ‘in denial’iRobot’s chief executive has defended the takeover of the US company by a Chinese competitor, warning that its previous leadership had been ...
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South China Morning Post241d agoneutral
China cements global lead in smart vacuums as Picea acquires Roomba maker iRobotChinese robotics manufacturers are set to cement their dominance in the global smart vacuum market with Picea Robotics' acquisition of Roomba maker iRobot, after the US firm's proposed sale to Amazon.com last year fell through due to regulatory hurdles. China-based suppliers held the top five spots for worldwide smart robotic vacuum shipments in the first three quarters of 2025, led by Roborock with a 21.7 per cent market share, equal to 3.8 million units, according to data from research firm ID
TheStreet241d agobearish
35-year-old consumer company files Chapter 11 bankruptcyThe 35-year-old company behind the robotic vacuum Roomba, iRobot (IRBT), has filed for a pre-packaged Chapter 11 bankruptcy, prompting worry among millions of loyal customers that they're time-saving house cleaner will soon become "a brick." Since the first Roomba launched in 2022, iRobot has sold ...